January 2019

Rolling Hills Real Estate Snapshot January 2019

By | January 31st, 2019|Horse Property, Lifestyle in Palos Verdes, Los Angeles Luxury Homes, Palos Verdes, Rolling Hills|

I hope 2019 is off to a promising start for you. The Rolling Hills, CA real estate market posted some encouraging statistics for 2018 with 24 sold properties for the year. There are currently 15 Rolling Hills residences listed for sale, and four Rolling Hills properties are in escrow with accepted offers when I compiled the stats for this month.   More Palos Verdes Real Estate Snapshots for January 2019: I'm excited to begin a new year of providing you with monthly Rolling Hills property reports. If I can help you buy or sell RH property contact me at 310.493.8333 [...]

Palos Verdes Estates Real Estate Snapshot Jan. 2019

By | January 29th, 2019|Buyer Tip, Favorite Photos - Palos Verdes, Los Angeles Luxury Homes, Lunada Bay, Malaga Cove, Monte Malaga, Palos Verdes, Palos Verdes Estates, Palos Verdes Luxury Homes|

Happy New Year! January is usually a quiet month for Palos Verdes real estate, and the beginning of 2019 appears to be no exception. Pending sales are down as is the number of homes for sale. There are 40 Palos Verdes Estates single-family residences for sale. Six PVE houses are in escrow with accepted offers, and 175 single family Palos Verdes Estates homes sold during 2018.   More Palos Verdes Market Snapshots for January 2019:     If you have plans to buy or sell a Palos Verdes Property this year contact me for more information about your neighborhood of [...]

November 2018

Palos Verdes Single Family Homes Snapshot for November 2018

By | November 13th, 2018|An Agent's Life, Favorite Photos - Palos Verdes, Front Page, Lifestyle in Palos Verdes, Los Angeles coastal income property, Los Angeles Luxury Homes, Palos Verdes|

Palos Verdes Autumn by Norma Toering The weather is beginning to cool, interspersed with spurts of warm Santa Ana winds, and the real estate market is reflecting a similar trend.  Unlike the raging wildfires, it's nothing dramatic, just a gentle shift in the market. There are 207 Palos Verdes single-family homes for sale, 58 houses are in escrow with accepted offers, and 570 Palos Verdes single-family homes have sold thus far in 2018.   More Palos Verdes Real Estate Snapshots for November 2018: Has the seller's market come to an end in Palos Verdes? My Little Yellow Dot [...]

October 2018

Palos Verdes Estates Real Estate Snapshot October 2018

By | October 23rd, 2018|Buyer Tip, Front Page, Lifestyle in Palos Verdes, Los Angeles Luxury Homes, Palos Verdes, Palos Verdes Estates|

    View this post on Instagram   Palos Verdes Luxury Homes Real Estate Snapshot for October 2018. #realestate #palosverdes #normatoeringrealestatebroker #charlemagneinternationalproperties #luxuryhomes A post shared by Norma Toering l Real Estate (@normatoering) on Oct 9, 2018 at 11:20am PDT   View this post on Instagram   Palos Verdes Single Family Homes Market Snapshot for October 2018. #palosverdes #realestate #sellmyhouse #normatoeringrealestatebroker #charlemagneinternationalproperties A post shared by Norma Toering l Real Estate (@normatoering) on Oct 2, 2018 at 11:25am PDT The predictions for a real estate market slowdown is having minimal effect on the Palos Verdes Estates single-family segment of the [...]

August 2018

Palos Verdes Estates Real Estate Snapshot August 2018

By | August 28th, 2018|Buyer Tip, Front Page, Lifestyle in Palos Verdes, Los Angeles Luxury Homes, Lunada Bay, Malaga Cove, Monte Malaga, Palos Verdes, Palos Verdes Estates, Valmonte|

Queen's Necklace view from a Palos Verdes Estates window. There are 54 Palos Verdes Estates single-family homes listed for sale per the local Multiple Listing Service. This number has remained in the 50 to 60 range for the past several months. These consistent statistics indicate Palos Verdes Estates homes are being listed and sold at a rate that keeps supply and demand balanced. My "Little Yellow Dot" points to a stable market, but with some cooling and movement toward a neutral demand in the Palos Verdes Estates single-family real estate market. 18 Palos Verdes Estates single-family homes are [...]

Palos Verdes Luxury Homes Report August 2018

By | August 27th, 2018|Buyer Tip, Front Page, Lifestyle in Palos Verdes, Los Angeles Luxury Homes, Palos Verdes, Palos Verdes Luxury Homes|

  The luxury home market for homes priced over $3,000,000 on the Palos Verdes Peninsula showed a slight uptick in accepted offers, but the market continues to favor buyers due to the number of luxury homes listed for sale in comparison to the number of homes sold. Supply far outstrips demand in the high-end real estate market on the Palos Verdes Peninsula. However, there are seven Palos Verdes luxury homes priced over $3,000,000 in escrow with accepted offers, but 67 luxury properties are actively for sale. 34 Palos Verdes luxury homes ( $3 mm+) have sold thus far in 2018. The [...]

Will Millennials Buy Boomers’ Big Houses?

By | August 2nd, 2018|An Agent's Life, Buyer Tip, Front Page, Lifestyle in Palos Verdes, Los Angeles Luxury Homes, Palos Verdes, Palos Verdes Luxury Homes, Rancho Palos Verdes Lisitng Agent, Seller Tip|

Since I make it a habit of following real estate trends, I've been wondering who will buy the baby boomers' big houses when it's time for them to downsize.  I'm sure you've seen trending articles stating Millennials do not want the family china, antiques, and other stuff filling their parents' home. The big question is, will they want to move into the family home, or purchase one of their choosing? Perhaps smaller and closer to the urban center--time will tell. The giant boomer generation owns two out of every five homes in the United States. Let that statistic sink in [...]

July 2018

Rolling Hills Estates and PVP Single Family Homes Snapshot July 2018

By | July 24th, 2018|Horse Property, Palos Verdes, Palos Verdes Drive North, Palos Verdes Peninsula, Rolling Hills Estates|

There are over 200 homes for sale on the Palos Verdes Peninsula, but only 22 single-family homes are listed for sale in Rolling Hills Estates and the unincorporated neighborhoods on the Palos Verdes Peninsula (Westfield, Academy Hills, etc.) along Palos Verdes Drive North. Nine RHE and PVP residences are in escrow with accepted offers, and 42 single family houses have sold in Rolling Hills Estates and PVP unincorporated areas year-to-date. Due to a small increase in available homes for sale the market has cooled slightly. However, the areas remain in a strong seller's market. Other Palos Verdes real estate market snapshots [...]

Rolling Hills CA Market Snapshot July 2018

By | July 23rd, 2018|Buyer Tip, Front Page, Horse Property, Lifestyle in Palos Verdes, Los Angeles Luxury Homes, Palos Verdes, Rolling Hills, Seller Tip|

I showed four Rolling Hills homes last weekend. Yes, it was hot, but my out of the area buyer was in town, and we had to seize the opportunity to view a few homes in the buyer's location of choice. I was delighted to have four houses to show in the buyer's price range. The inventory in Rolling Hills has crept upward during the past several months. There are now 36 Rolling Hills properties listed for sale. At the time I pulled the July statistics only three Rolling Hills residences were in escrow with accepted offers.  12 Rolling Hills homes [...]

Rancho Palos Verdes Homes Market Snapshot July 2018

By | July 21st, 2018|Buyer Tip, Country Club, Crest, Eastview, La Cresta, Lifestyle in Palos Verdes, Los Angeles Luxury Homes, Los Verdes, Mira Catalina, Palos Verdes, Palos Verdes Drive East, Palos Verdes Drive South, Palos Verdes Drive West, Peninsula Center, Rancho Palos Verdes, Rancho Palos Verdes top agent, Seller Tip, Silver Spur|

Thinking of selling or buying in 2018? It's not too late to catch the wave! I'm sipping a tall glass of iced sun tea as I write this on a hot and humid Saturday morning. July's heat is more than making up for our colder than usual June! Does weather affect the Palos Verdes real estate market? Yes, but not nearly as much as in other parts of the U.S. Once in a while I will have a showing cancellation due to extreme heat, but those are rare. Many homes have air conditioning or ocean breezes--sometimes both, making touring houses [...]